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Twitter Layoffs

US Judge Refuses to Dismiss Lawsuit Accusing Elon Musk’s X of Age Bias in 2022 Layoffs

A California federal judge has refused to dismiss a lawsuit accusing X, the social media service formerly called Twitter, of disproportionately laying off older workers when Elon Musk acquired the company last year.US District Judge Susan Illston on Tuesday said the plaintiff in the proposed class action, John Zeman, had provided enough evidence that the mass layoffs had a greater impact on older employees to continue pursuing the case.Zeman, for example, claims that X laid off 60 percent of workers who were 50 or older…

twitter layoffs: Twitter’s headcount has sunk 90% to 1,000 since Musk’s $44-billion takeover: report

Mass layoffs and resignations have decimated Twitter’s headcount in the last six months. Staff numbers have plunged 90% since Elon Musk took over the popular microblogging platform last October in a $44-billion deal. The company’s employee strength has sunk to its lowest level in years as Musk continues layoffs, according to a news report in Business Insider. The current headcount for full-time employees is around 1,000, the report said, citing two people familiar with the matter. In an interview with the BBC last month,…

twitter equity grants: Twitter offers new equity grants to staff: WSJ report

Microblogging platform Twitter will be offering new equity grants to staff that will start to vest after six months, the Wall Street Journal said in a report.According to the report, the company plans to offer a liquidity event roughly a year from now, in which employees can cash out some of their equity. However, the number of employees who received the equity grants and the value of the shares are yet to be ascertained.Further, the new grants will vest over four years. They will be in addition to and separate from any…

haraldur thorleifsson twitter: Twitter employee seeks clarification from Elon Musk on employment status, finds out he’s been sacked

Twitter has been firing thousands of employees after Elon Musk took over the social media platform last year. Recently, the company sacked around 200 employees in a fresh round of layoffs. However, some employees are still unsure about their employment status. Haraldur Thorleifsson, who claims to work at Twitter since February 2021, took to the microblogging platform to know about his employee status, saying he could no longer access his work computer. He added that the head of HR at the company is unable to confirm…

twitter layoffs: Twitter lays off at least 50 in relentless cost cuts: report

Twitter has again laid off its employees in what is at least the eighth such round of layoffs since Elon Musk took over the world's largest microblogging site in October, US-based tech publication The Information reported citing people with direct knowledge of the matter.Twitter announced on Saturday that it will be firing 50 employees across multiple engineering teams, including those supporting advertising technology, the main Twitter app, and technical infrastructure to keep Twitter's systems up and running, the report…

Elon Musk shuts 2 of 3 Twitter India offices in Delhi, Mumbai: Know why

Image Source : AP Elon Musk shuts 2 of 3 Twitter India offices; Delhi, Mumbai offices closed Twitter India Offices Closed: Twitter Inc. has closed two of its three India offices and directed employees to work from home, highlighting Elon Musk's mission to cut costs and turn the struggling social media service profitable. ALSO READ: iQOO Neo 7 launched at a starting…

Twitter’s laid-off workers cannot pursue claims via class-action lawsuit, will need to sue individually, rules judge- Technology News,…

Mehul Reuben DasJan 16, 2023 12:20:02 ISTElon Musk and his team of lawyers at Twitter finally have a win in one of the many court proceedings that the eccentric owner of Tesla and Twitter is involved in. A US district judge has ruled that the former workers of Twitter who were laid off and who then went on to file a class action lawsuit, will need to pursue their claims individually. Basically, the people who claim that Musk fired them arbitrarily will need to pursue individual arbitration. Citing contracts that employees